**đThe Federal Reserve has taken a major step toward mainstream crypto adoption by reversing restrictive banking policiesâa move that could accelerate Bitcoinâs push toward $100,000.
###đ Key Changes:
- The Fed rescinded its 2022 guidance that required banks to seek approval before engaging in crypto activities.
- This aligns with recent moves by the FDIC and OCC, removing barriers for traditional finance to enter crypto.
- Banks can now offer crypto services without pre-approval, though theyâll still face standard oversight.
### Why This Matters:
- Institutional demand is risingâspot Bitcoin ETFs have seen record inflows, and major banks are preparing crypto offerings.
- The shift reflects the Trump administrationâs pro-crypto stance, including potential SEC reforms and discussions of a national Bitcoin reserve.
- Critics of the old rules called them "Operation Choke Point 2.0", arguing they unfairly stifled crypto innovation.
### Market Impact:
- Bitcoin has surged from $75K to near $100K, fueled by ETF demand and easing trade tensions between the U.S. and China.
- However, crypto-focused banks (like Custodia and Kraken) still lack Fed master accounts, limiting their access to central bank services.
### Whatâs Next?
- Traders are watching for Fed rate cuts, which could weaken the dollar and drive more capital into crypto.
- If Wall Street fully embraces Bitcoin, we could see a $19 trillion market shift as institutional money floods in.
Bottom Line: The Fedâs decision removes a major roadblock for crypto adoptionâsetting the stage for the next big rally.
$BTC